Stocks in the news: Alkem, Healthcare, OM Metal, IL&FS Transportation, Escorts

-Power purchase agreement & bank guarantee to be in proportion for power projects

NPA resolution: Sources

-Finance ministry to meet banks, RBI officials to discuss NPA (non-performing assets) resolution this week

-Large stressed accounts to be taken up for resolution in meet

-Stressed accounts of Essar Steel, Bhushan Steel may be on agenda

-Stressed accounts of Alok Industries, other power projects may be on agenda

-Decision-making mechanism for large stressed accounts likely to be set up

-Move to help banks write-off debt without fear of investigation

-Government to give clarity on funding of NPA accounts for revival of company

-May relax limit of working capital to be provided by the banks

US FDA observations: Alkem Labs' Baddi unit

-Written testing stability programme on several drugs not completed in time

-Production, control records lack complete manufacturing & control instructions, special notifications

-No written procedure for production & process controls designed

Alert: US FDA inspected Baddi unit from March 2-10

Other stocks and sectors that are in news today:

-Millitoons Entertainment's bonus shares to list today

-Sundram Fasteners acquired 16.8 lakh shares of subsidiary from Bleistahl Produktions

-IL&FS Engineering redeemed OCCRPS (optionally convertible cumulative redeemable preference shares) worth Rs 50 crore and CRPS (cumulative redeemable preference shares) worth Rs 3 crore

-Shilpa Medicare says shareholder meeting on April 29 to consider amalgamation of Navya Biologicals with self

-Healthcare Global entered into special purchase agreement (SPA) for a proposed investment in Cancer Care Kenya

-Autolite converted 6 lakh warrants into 6 lakh equity shares

-Nestle Munch partners with Baahubali 2

-Balasore Alloys board meeting on March 31 for allotment of 1 crore shares in lieu of 1 crore warrants to promoters

-Indowind Energy successfully completed powering of 1.92MW wind farm capacity in Karnataka and make change of 3.025MW in Tamil Nadu

-OM Metals Infra gets letter of intent from Indra Sagar Project for Rs 13.5 crore

-V-Guard approved investment in GUTS Electro-mech

-Emmbi inaugurates world's widest width pond lining facility at Silvassa

-IL&FS Transportation to refinance road assets worth Rs 9,000 crore

-Enforcement Directorate attaches assets worth Rs 263 crore of Deccan Chronicle

-Wadias to buy out Solvay's 25 percent stake in National Peroxide

-Ashok Leyland to invest Rs 400 crore on light commercial vehicle development

-Escorts to drive tractors to new markets, cut costs

-JSW Steel considers issuing of debt instruments in form of dollar-denominated senior notes

-Sanofi Gets US FDA nod for Dupilumab injection (used to treat moderate-to-severe atopic dermatitis)

-Dilip Buildcon declared lowest bidder for NHAI orders worth Rs 503.1 crore in Andhra Pradesh